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Re: PB Mining -- 5 year mining contracts!
by
jimmothy
on 05/12/2014, 06:24:47 UTC
That's not Bitmain, that's a reseller market place. Bitmain itself charges 0.0001125/GH/s. That's not really that important a distinction though.
The biggest difference is that they charge a maintenance fee of $0.0022896/GHS/Day. At the current price, that's BTC0.00018874/month.

Here's a fair comparison:

AMhash = 0.0028 btc/year
Bitmain = 0.0031 btc/year
KNC = 0.0032 btc/year

PBmining = 0.0014 btc/5years

Clearly these hardware manufacturers with massive economies of scale and ultra cheap electricity cannot compete with PBmining.